Acceptable State definition

Acceptable State means any state acceptable pursuant to Seller's Underwriting Guidelines.

Acceptable State means any state acceptable pursuant to Seller’s Underwriting Guidelines.

Acceptable State means any state notified by the Borrower to the Lender from time to time and approved in writing by the Lender, which approval has not been revoked by the Lender in their sole discretion, any such notice of revocation to be given no later than 10 Business Days prior to its intended effective date.

Examples of Acceptable State in a sentence

• The Mortgaged Property is located in an Acceptable State as identified in the Mortgage Loan Schedule and consists of a single parcel of real property with a dwelling which is acceptable to the related Agency pursuant to the applicable Agency Guide.

• The Mortgaged Property is located in an Acceptable State as identified in the Asset Schedule and consists of a single parcel of real property with a dwelling which is acceptable to the related Agency pursuant to the applicable Agency Guide.

• Attachment 18-B, Acceptable State Foreclosure Time Frames, lists the recommended method of foreclosure and the first public action required by law to initiate foreclosure.In states where more than one foreclosure method is available, but only one option is listed, the Agency selects the method that is most cost effective in reducing legal fees and accrued interest expense.

• Each Mortgaged Property is located in an Acceptable State as identified in the Custodial Asset Schedule and consists of a one- to four-unit residential property, which may include, but is not limited to, a single-family dwelling, townhouse, condominium unit, or unit in a planned unit development.

• The Mortgaged Property is located in an Acceptable State and consists of a single parcel of real property with a dwelling which is acceptable to the applicable Loan Program Authority pursuant to the applicable Loan Program Authority’s requirements.

More Definitions of Acceptable State

Acceptable State means any state acceptable pursuant to the Underwriting Guidelines.

Acceptable State means any state acceptable pursuant to the Underwriting Guidelines in which Seller is licensed to originate Mortgage Loans.

Acceptable State means, for each Approved Originator, any state with respect to which such Approved Originator has been licensed and approved by the applicable Governmental Authority other than the states listed on Schedule 2, as amended, supplemented or otherwise modified from time to time with the prior written consent of Repo Agent.

Acceptable State means any state, commonwealth, or federal district acceptable to Buyer in which the Seller is licensed to originate Mortgage Loans.

Acceptable State means any state other than those listed on Schedule 6 as such Schedule may be amended, revised or otherwise modified from time to time by mutual written agreement (which may be via email) between the Buyer and the Seller.

Acceptable State means any state other than those listed on Schedule 9, as such Schedule may be amended, revised or otherwise modified from time to time in writing by the Buyer, any such revised Schedule shall be provided to Seller no later than ten (10) Business Days prior to its intended effective date.

Acceptable State means any state acceptable pursuant to the originator's Acquisition Guidelines.